I see such a big disconnect between AMZN and GOOGL. Google is so much cheaper compared to Amazon. And this past quarter showed, Google is executing at a much better pace and quality.
Google has only one business - search, and so far hasn't been able to show an ability to build another money printing machine, and actually an opposite - they are failing at cloud for example. Compare that to AMZN which has already 2 - the store/marketplace and the AWS. That difference between 1 and 2 is humongous. The tech history is littered with one-trick ponies.
For example, PEG is nearly 3x for AMZN. At such size and scale, how are investors betting that Amazon will continue to out grow the rest of tech monopolies?